Dexter Market Shows Lower Asking Prices

Dexter, Michigan Real Estate Results Shows 11 Months of Homes Available for Sale

Dexter residential supply is now about 11 months. It would take 11 months for all the homes to sell if no other homes came on the market. Anything over 6 months supply is a buyers market. For the Dexter Luxury Market, check out this post. The Supply and Demand (#Units FS, Sold) chart shows October '09 compared to October '10. The number of homes listed for sale is down 26 percent and the number of sold units is down 60 percent. The annual trend lines show the number of homes offered for sale decreased and number of Dexter sales has been trending upward very slowly.

Below, Median Price (FS, Sold) October '09′ vs. October 10′, the Dexter sellers asking list prices are 6.8 percent lower and median sold prices are down 5.4 percent. The annual trend lines indicates slight upward motion in Dexter median sales prices.

We are selling homes and are happy to provide you with data to make informed choices. So far 218 homes have sold in the last 12 months, from 1 bedrooms to 6, and from 1 baths to 5 and the average sold price per square foot is now $108.02. The highest sold price was $975,000 with lowest at $27,900. The average list price to sales price was 96 percent.

Currently there are 207 Dexter homes for sale ranging in price from $65,000 to $1,495,000 with sizes from 1 bedroom to 6 and 1 to 5 baths. See what others say about our Dexter Real Estate services.

Since we actually sell more homes in Dexter than any other agent, we are acutely aware of homes that have languished on the market and like other States in the US, have watched the number of homes that have sold as foreclosures increase. Banks are hiring us to sell foreclosures. We know about these long before they come on the market. so if you want inside info, call us. Check our Ann Arbor Area Real Estate EBook out.

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What is selling in Dexter, Michigan?
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